You make your payments to the agency and usually pay a small fee (max a month).
A credit card balance transfer, for example, will likely cost 3-5 percent of the amount of money transferred onto the new card.
“If you haven’t changed any habits, you can guarantee you’ll be right back in debt in a matter of months,” Lewis says.
“This is about changing behavior and making sacrifices.” Don’t gloss over your previous actions.
You may commit to a secured or unsecured loan, transfer outstanding debt onto a new or existing line of credit, or pool your debt on a balance transfer credit card.
Debt settlement and debt management plans are other options.